request_info_guest false

TIC Mixed Use building

$750,000

3516 Adeline Street Building A, Oakland, CA 94608

Active
Last Updated: 10/17/2024

7

Cap Rate

1,465 sqft

Building Size

Details:
Cap Rate:    7%
Building Size:    1,465 sqft
Lot Area:    6,000 sqft
Class:    C
Units:    3
Zoning:    C-36
Tenancy:    Multiple
Floors:    1
Year Last Renovated:    2004
Construction Status:    Built
Warehouse %:    80%
Roof:    torch down
Floor:    Cement, Tile, Vinyl
Restrooms:    1
CeilingHeight:    9
Investment Strategy:    Opportunistic
Highlights:
  • Street level roll up door, full kitchen and bathroom, shared garden courtyard between other 2 building on this Unique TIC property. Owner financed and low down payment and interest rate is being offered.
Description:

Great TIC opportunity for a business needing a brick and mortar office, small stand alone manufacturing space and or storefront or Live work space. Low interest rate and reasonable down payment since Owner financed!! Storefront building at front of TIC property. 1465sf Light Commercial building with full kitchen and bathroom. This is 1 of 3 buildings on the lot is for sale-Owner will finance. Approved by city for retail business or light commercial use. Was previously used as a Gallery and Event space. Currently built out as Live work space. Buyer must pass Credit check, application and interview process and meeting with other TIC owners of the 2 other buildings in TIC. TIC % ownership is based on square footage of each building. Building A storefront with signage is 1465sf. 25% minimum down payment required, 5-7% interest rate depending on buyers credit. Owner financed/Carry back Sale. Serious Buyers only! Chicago Title will complete all paperwork.

Area Description:
Mixed Use area of homes and Light commercial business. Stand alone Brick and mortar is next to Emeryville shopping Centers and Granite Expo Slab warehouse. 2 blocks from Hwy 80, 24 and 580 Freeways access.

Map:
Documents:
Title
City_of_Paris_Studios_Bldg_A.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery